Technical analysis by RICHSTOXCOM about Symbol HBAR: Buy recommendation (7/17/2025)

This long trade setup is based on Hedera (HBAR) showing significant strength after a strong bounce from the major long-term support zone around $0.15. The price has successfully broken out above key momentum indicators, including the 9-day SMA and the daily VWAP. The current price action represents a classic pullback, re-testing these broken levels (currently around $0.245) as new support. This retest offers a favorable entry point for a long position, anticipating a continuation of the uptrend. Target: The primary profit target is the next major resistance level, located at approximately $0.347. Stop-Loss: A stop-loss placed below the recent support structure at $0.197 would invalidate the bullish thesis. Risk/Reward: This setup provides a favorable risk/reward ratio of approximately 2:1.